Banco de La Republica Oriental del Uruguay provides banking and financial services for consumers, micro and small enterprises, businesses, and agricultural enterprises in Uruguay. It offers various banking products and services, including current, savings, and time deposit accounts; credit products, such as advance on documents and salary, and mortgage loans; and treasury support, leasing, working capital, sales financing, and leasing credit products. The company also provides debit and credit cards; import and export financing products; ATM, telephone, mobile, and Internet banking services; automatic debit, money transfer, foreign transfer, payroll, and payment services; bank guarantees; asset management products; and investment banking services. It operates through approximately 124 units located in Uruguay and 3 branches internationally. Banco de La Republica Oriental del Uruguay was founded in 1896 and is based in Montevideo, Uruguay.

Banco de La Republica Oriental del Uruguay Key Developments

José Mujica Appoints Julio Porteiro as New President for BROU

Apr 9 14

Uruguayan President José Mujica has appointed Julio Porteiro as new president for BROU. Former BROU president Fernando Calloia resigned last week after the country's organized crime court decided to prosecute him and former economy minister Fernando Lorenzo. They have been indicted for alleged abuse of office by granting a deal to Spanish airline Cosmo allowing it to purchase aircrafts belonging to former airline Pluna. Porteiro and a new board will begin their tenure once their appointments have been ratified by congress.

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